Advantages
Convenient Location
- Gramercy Club Burnhaven is located near the junction of Interstate 35W and 35E
- M Health Fairview Ridges Hospital and several clinics are close by.
- Looking for entertainment? Valley Fair, Canterbury Park, Crystal Lake and Mystic Lake are all within 15 to 20 minutes.
- Shopping? Mall of America and Premium Outlets are only 15 minutes away.
- Downtown Minneapolis and St. Paul are less than a 35 minute drive.
- Wanting to travel? MSP airport is less than 25 minutes by freeway and there is a Metro Bus Stop near our property entrance.
- For dining there are a number of fine, casual and fast food restaurants within a short distance.
- Even though Gramercy Burnhaven is located close to many attractions, a variety of wildlife are still seen on a regular basis
Sound financial management and property stewardship
Ebenezer Management Services, the largest senior housing management company in the Twin Cities, provides day-to-day accounting services and a property manager; Since Gramercy Burnhaven opened there has never been a special assessment. Replacement and operating reserves are carefully maintained.
Gramercy Burnhaven is a full equity cooperative. Most cooperatives are limited equity and are under the federal government HUD program. Owners at Gramercy Burnhaven are able to buy and sell their units at the current market rate. When you purchase a share in Gramercy Burnhaven, you own one share of the building and clubhouse. This entitles owners to their home and a vote in the yearly election of board officers. Monthly work sessions and board meetings are held and open to all members. Gramercy Burnhaven owners also may make upgrades to their units, with Board approval.
Gramercy Burnhaven is a full equity cooperative. Most cooperatives are limited equity and are under the federal government HUD program. Owners at Gramercy Burnhaven are able to buy and sell their units at the current market rate. When you purchase a share in Gramercy Burnhaven, you own one share of the building and clubhouse. This entitles owners to their home and a vote in the yearly election of board officers. Monthly work sessions and board meetings are held and open to all members. Gramercy Burnhaven owners also may make upgrades to their units, with Board approval.
Resident Involvement
Several volunteer committees, including; building, clubhouse, finance, safety & security, grounds, guest suites, interior decorating, kitchen & social, library, marketing & website, sunshine, tech, and travel & entertainment meet regularly and provide assistance and recommendations to our Gramercy Board of Directors.
Social clubs include; bible study, book club, fine arts, gardening, aerobic water exercise and wood shop.
Every Wednesday, volunteers serve a community coffee. Information on current events and happenings is provided along with social activities and presentations on various topics. Each week a newsletter containing information and a variety of articles on various topics in addition to weekly meetings, events, jokes and puzzles is emailed to residents.
Social clubs include; bible study, book club, fine arts, gardening, aerobic water exercise and wood shop.
Every Wednesday, volunteers serve a community coffee. Information on current events and happenings is provided along with social activities and presentations on various topics. Each week a newsletter containing information and a variety of articles on various topics in addition to weekly meetings, events, jokes and puzzles is emailed to residents.
